Portfolio Manager, NextGear Capital (Fort Lauderdale, Fla Territory)
CompanyCox Automotive - USAJob Family GroupCustomer Care GroupJob ProfilePortfolio Manager III - NGCManagement LevelIndividual ContributorFlexible Work Option Can work remotely but need to live in the specified city, state, or regionTravel %Yes, 50% of the timeWork ShiftDayCompensationCompensation includes a base salary in the range of $89,400.00 - $134,000.00. The base salary may vary within the anticipated base pay range based on factors such as the ultimate location of the position and the selected candidate’s knowledge, skills, and abilities. Position may be eligible for additional compensation that may include an incentive program.Job DescriptionJob Summary:NextGear Capital (Cox Automotive Company) is hiring a Portfolio Manager to support the Fort Lauderdale Florida Territory. The Portfolio Manager is responsible for managing and growing our $100k to $2.5M within the assigned geographic territory. The primary responsibilities include building and maintaining relationships with clients, optimizing the portfolio through the clients’ use of the line of credit, identifying and mitigating pre-default account risk and supporting post default collections on defaulted accounts. Candidates must live within the zip codes related to the Territory.Essential Duties and Responsibilities:Optimize each client’s use of the line of credit within an assigned portfolio whose lines of credit range from $50k to $2.5M by acting as a floor plan subject matter expert to their portfolio of clients.Achieve goals and performance targets as set by the company by regularly engaging with clients in person or virtually and by collaborating with internal partners to drive revenue and maximize profitability through prudent account management, controlled growth and risk mitigation. Educate clients on desired performance behaviors, self-service options, and best practices and coach them to ensure compliance with company policies and expectations.Collect and analyze client financial information and various internal reports and dashboards to assess add monitor dealer performance and address with the dealer as appropriate to drive growth and manage risk.Support the Risk and Recovery department with pre-default risk mitigation and post default collection efforts on defaulted accounts. Serve as a fiduciary for the company including identifying and reporting to the company any material client or internal non-compliance with company policies, attempted or actual fraud upon the company or any other circumstance that may require identification and reporting to protect the company.Support the Risk and Recovery department with pre-default risk mitigation and post default collection efforts on defaulted accounts. Document in Salesforce all activities and client interactions as required by the company. Cox Automotive cross business unit relationships and opportunities. Job Knowledge, Skills and Abilities: Automotive i...